AI’s Impact and the State of the Software Industry

Payments, Fintech, & Services: State of the Industry and Five Investable Themes

Software-as-a-Podcast

Software-as-a-Podcast

Enterprise Software Sales Efficiency - It Matters Now

Clearwater Analytics: A Clearly Better Way, Initiating with OP Rating and $19.50 Price Target

Checkout Simplified – Our Updated Outlook for the Integrated PoS Sector

Block – A Deep Dive on our Top Pick

Crowdstrike 4Q23 - Right Tech and Execution

The SoFi Bull Thesis - A Deep Dive

Collaboration Software: The Continued Case for Monday.com (MNDY)

Stock-Based Conversations - What We Learned and What to Do

A Closer Look at our Outperform Initiations of Confluent and Hashicorp

ACN, IBM CTSH, DXC: The Rising Tide Only Floats Some Boats – Upgrading IBM (to MP), Downgrading CTSH and DXC (to UP)

HCM Views from Services to Software

Adyen: “Not of an Age, but for All Time” – Initiating Coverage at Outperform, PT = €1,800

Software 2023 Outlook

Payments, Processors, and IT Services: 3Q22 Wrap-up – Stock Picks and Top Sector Themes

GitLab Post-Initiation Deep Dive on OP Thesis

The State of BNPL – Our Latest Industry Forecast and Perspective on the Competitive Landscape

Cloudflare: Deeper Dive on the OP Thesis

Software: The Case for Starting to Invest Now

Fiserv: The Upside from Here – A Deep Dive on Our Top Pick

Payments: The Future of Card Payments and Merchant Acquiring – Our Latest 5-year Forecasts

Pagaya: ‘Smart’ Lending Winner in Stormy Waters - Initiating Coverage at Market Perform, PT = $12

Payments, Processors, and IT Services: Fall 2022 Setup - Stock Picks and Top Sector Themes

Payments, Processors, and IT Services: Guns, Germs, and Inflation - Our Updated Stock Picks in the Current Macro Environment

Down But Not Out - Initiating Coverage of the Fintech Sector

PayPal: The Bad News, the Good News, and Our Perspective on the Path Forward

Payments, Processors, and IT Services: 4Q21 Roundup – Updated Stock Preferences and Top Sector Themes

Payments, Processors, and IT Services 2022: Fighting Back Against Fear, Uncertainty, and Doubt

BNPL Mania - Our Perspective on the Market Size/Growth, Competitive Dynamics, & Impact on the Payments Ecosystem

Payments: A Wild Week in Payments Land – A Q&A Session with Lisa on What Happened and What Next?

ACN, DXC, CTSH, IBM: The Primacy of Revenue Growth – Upgrading Accenture to Buy, Downgrading DXC to Neutral

Payments: Apres Square+Afterpay - A Fresh Look at the M&A Chessboard

Payments, Processors, and IT Services: 2Q21 Roundup - Top Sector Themes and Updated Stock Preferences

After a Wild Week, Now What? Square-Afterpay, 2Q Earnings, and Implications for our Stocks

Payments: Faster Growth in ’21 than ’20 (Yes, Really) – Our Latest Proprietary eCommerce Forecast

1Q21 Roundup – Updated Stock Preferences and Top Sector Themes

COIN: "Be Bloody, Bold, and Resolute" - Initiating Coverage of Coinbase at Buy, TP = $600

Visa: The DoJ Investigation – Our Early Perspectives

Payments, Processors, and IT Services: 4Q20 Roundup – Updated Stock Preferences and Top Sector Themes

PayPal: The Boon of Bitcoin and BNPL

MoffettNathanson Webex | Payments, Processors, and IT Services 2021: No Rest For the Weary

Initiating Coverage of American Express

Fiserv: The Reports of My Death Are Greatly Exaggerated – Upgrading to Buy, TP = $145

Payments, Processors, and IT Services: 3Q20 Roundup – Updated Stock Preferences and Top Sector Themes

Deep Dive on Mastercard, and Visa vs. Mastercard

The Ant Group IPO – Threats, Opportunities, and Implications for V, MA , PYPL, SQ, FIS, FISV, and GPN

Deep Dive on Visa - Our Top Pick

Payments, Processors, and IT Services 2Q20 Roundup – What We Learned, and Updated Stock Preferences

Payments: The Pandemic Rattles the Foundation of the Bull Thesis – Our New 5-Year Industry Forecast

Square: Cash App Deep Dive & Takeaways from Company Meetings

New eCommerce Forecast and Checkout Button Data, plus Highlights From Our 2nd Annual Payments, Processors & IT Services Summit

1Q Wrap-Up – Updated Stock Preferences Across Payments, Processors, & IT Services

Impacts of COVID-19 on the Payments Sector

Payments, Processors, and IT Services: When Resilience Matters – Who Can Withstand the COVID-19 Shock?

IT Services: New CIO Survey Results

Taking a Breather - Downgrading FIS, FISV, ACN, and ADP

Big Tech, Neobanks, and Many More - Top Trends and Recent Developments in Payments

The Tidal Wave - Our Proprietary eCommerce Forecast and Implications for the Payments Sector

DXC Deep Dive with Lisa Ellis

SQ Deep Dive Group Lunch & Conference Call for Prospects with Lisa Ellis

Payments, Processors, and IT Services Sector Fall Outlook

Group Lunch - Square Deep Dive

FB, V, MA, PYPL: Libra Unveiled – Big Day for Crypto, Nice-To-Have for FB, Important Experiment for Payments

"When You Come to a Fork in the Road, Take It." Initiating Coverage of FIS and Fiserv

FB, V, MA, PYPL: Facebook's Cryptocurrency Project Libra - How it Could Matter

Group Lunch with Lisa Ellis - Deep Dive IBM & ADP

Takeaways from our Cryptocurrency and Blockchain Immersion

IT Services and Processors: New CIO Survey results, 2019 Outlook and Updated Stock Preferences

What Our Sectors are Telling Us About The Economic Cycle

Payments 2019 Outlook, Themes, and Updated Stock Preferences

PayPal Deep Dive

2019 Best Ideas

IT Services Launch for Prospects

“It was the best of times, it was the worst of times…” Initiating coverage of IT Services and Processors

Lisa Ellis Payments Call for Prospects

The Alipay Threat - Takeaways from a 3-day immersion with Ant Financial in Hangzhou, China

The Biggest Risk of Them All -- Q&A with a Leading Expert on Cybersecurity Risks in Payments

Lisa Ellis Payments Call for Prospects

“Shall I compare thee to a summer’s day?” Initiating coverage of the Payments sector